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re: 401k or Roth?

Posted on 1/28/21 at 12:27 pm to
Posted by TigerTalker142
Lafayette
Member since Oct 2007
1100 posts
Posted on 1/28/21 at 12:27 pm to
I'm assuming you mean they allow for Roth contributions to the 401k? You're income is likely lower now(i.e. your tax rate is lower) at your first job out of school then it will be when you retire. I would suggest making Roth contributions until you move up a couple of tax brackets.

Posted by Sleepy6969
Kamala’s Coochie
Member since Jan 2021
20 posts
Posted on 1/28/21 at 12:29 pm to
Why? Is it because Roth’s taxes are taken out in the beginning? I’m new to all of this. How much should I put in it?
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